EU sanctions approximately 1,600 individuals and entities linked to Russian military industry
- 1The European Union imposed sanctions on approximately 1,600 Russian individuals and entities connected to the Russian arms industry on Monday.
- 2The European Union targeted 77 people suspected of organizing, participating in, or operating sham elections in occupied areas of Ukraine.
- 3Kaja Kallas, the EU High Representative for Foreign Affairs, stated that more than half of the sanctioned targets are involved in the ballistic missile production chain used by Russia.
So what's the key point?
What is the main point? The European Union has sanctioned 1,600 people and companies related to the Russian arms industry. This could affect the production process of missiles used by Russia.
Source Fortune · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.